Business Insurance

Empty board room with view of the Empire State building out of the window

Employment Practices Liability Insurance: Key Reasons You Need It For Your Business

By Insurance News Editor / July 18, 2024 /

Why It’s Critical to Protect You and Your Business In the bustling business environment of New York, staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring…

Read More
Female employee covers her eyes while her boss shouts at her. A situation where EPLI may be need to protect the company from a law suit.

Employment Practices Liability Insurance for Business Owners

By Insurance News Editor / July 18, 2024 / Comments Off on Employment Practices Liability Insurance for Business Owners

Why It’s Critical to Protect You and Your Business Staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring your business can navigate the complexities of modern…

Read More
The Baltimore Bridge Collapse: Risk & Recovery Strategies

The Baltimore Bridge Collapse: Risk & Recovery Strategies

By Insurance News Editor / April 22, 2024 / Comments Off on The Baltimore Bridge Collapse: Risk & Recovery Strategies

The recent collapse of the Francis Scott Key Bridge in Baltimore has sent shockwaves through the local and regional business communities, presenting unforeseen challenges and prompting a reevaluation of risk and recovery strategies. As we delve into the repercussions of this disaster, it’s crucial for business owners to understand the broader impacts on infrastructure, supply…

Read More
What is the fallout from the Baltimore Bridge Collapse?

What is the fallout from the Baltimore Bridge Collapse?

By Insurance News Editor / April 15, 2024 / Comments Off on What is the fallout from the Baltimore Bridge Collapse?

Why and how can this disaster affect your business operations and costs to do with risk management? The recent Baltimore Bridge collapse has had a profound impact on various industries, emphasizing the critical need for robust Ocean Cargo and Stock Throughput insurance strategies. This disaster highlights the vulnerabilities in our infrastructure and logistics networks, affecting…

Read More

What is Business Interruption Insurance?

By Insurance News Editor / August 29, 2022 /

If your business is faced with a temporary closure or interruption of operations, does your insurance policy provide coverage? Chances are, it doesn’t. Business interruption (BI) insurance is a specialized add-on policy that covers the financial losses a company experiences due to an unexpected event. Read on to learn more about BI insurance and how…

Read More

What Is Multi-Factor Authentication?

By Julian / October 3, 2021 /

Multi-factor authentication (MFA) is a security process that requires users to respond to requests to verify their identities before they can access networks or other online applications. MFA may use knowledge, possession of physical objects, or geographic or network locations to confirm identity. Why is multi-factor authentication needed? As organizations digitize operations and take on…

Read More

Five Steps to Creating a Cyber Security Incident Response Plan

By Julian / October 3, 2021 /

Concern for cybercrime has increased 62% in the past year. Over 41,600 incidents and 2,013 confirmed data breaches were investigated by Verizon and its partners in the past year. The numbers paint a dark picture of the growing threat to businesses of all sizes – concern for cybercrime has increased 62 percent in the past…

Read More

Let us help protect you from the fallout of a product liability lawsuit.

By Julian / September 29, 2021 /

Product Liability insurance can help protect you if your business faces a lawsuit from the fallout that occurs in the event your product causes injury or other damage to third parties, even if a product is used incorrectly. Product Liability insurance isn’t just for companies that manufacture products. Any company that sells, distributes or designs…

Read More

Why does a business need product recall insurance?

By Julian / August 22, 2021 /

Product Recall Insurance is one of the most important insurance policies that companies who put products into the global stream of commerce should purchase. While most large organizations purchase the insurance, many other businesses do not. The risk of a product recall has increased exponentially. Stricter global regulatory standards have increased in number, and new…

Read More

Don’t let a costly product recall damage your business and your brand

By Julian / August 16, 2021 /

According to the FDA, nearly 30 product recalls occur every week in the U.S. on average. Recalling, replacing or destroying a consumer product can incur substantial long-term reputational and financial costs for your business. Not only that, news of a product recall spreads like wildfire on social media, so having a product recall policy with…

Read More